$SOL /USDT – Bearish Pullback or Consolidation?
$SOL is showing a slight dip of -1.07%, currently holding around $119.82. With a 24h low at $117.15, the price is at a critical juncture. If SOL holds above $118, it could be poised for a bounce, but a break below $117 may signal further downside.
Short Setup
• Entry Zone: $119.50 – $120.00
• Targets:
• T1: $117.50
• T2: $116.00
• T3: $114.00
• Stop Loss: $121.50
A breakdown below $117.15 would likely confirm the bearish trend continuation. Holding resistance at $121 is key for the upside.
Pro Tip: Be mindful of volume—low volume during the pullback could indicate a potential consolidation rather than a full reversal.
Trading Data
• Price: $119.82 (-1.07%)
• 24h High / Low: $121.96 / $117.15
• 24h Volume: 1.68M SOL / 201.14M USDT
• Depth Levels:
• Resistance: $121.33, $121.13
• Support: $119.58, $118.70, $117.83, $117.15
• Timestamp: April 6, 06:45 (UTC+8)